CFTC Approves Bitcoin Perpetual Futures on Prediction Market Kalshi
The CFTC issued an order allowing Kalshi to offer perpetual futures in the U.S., starting with contracts tied to Bitcoin's price.
The CFTC opened a historic path for bitcoin perpetuals to trade on U.S.-registered venues, bringing a major crypto derivatives structure under federal oversight. The move creates the first regulated pathway for spot BTC-linked perpetual contracts in the United States.
Texas is seeking a custodian to transition reserve assets from Blackrock's IBIT into direct bitcoin holdings.
May 29, 2026, 3:11 pmThe approval, alongside separate Coinbase and Deribit relief, signals a growing regulatory framework for crypto perpetual futures in U.S.
May 29, 2026, 3:05 pmThe CFTC issued an order allowing Kalshi to offer perpetual futures in the U.S., starting with contracts tied to Bitcoin's price.
A hopeful posting on Iran from President Trump helped erase morning losses.
While bitcoin sellers drove the price below $74,000 on Thursday, a fresh wave of sleeping coins sprang to life, transferring 665 BTC that had remained untouched for more than a decade.
Spot Bitcoin ETFs recorded a nine-day outflow streak totaling $2.84 billion, surpassing an eight-session outflow run in February 2025.
Bitcoin’s correction has intensified pressure on holders as demand and supply remain locked in a key battle.
Nearly 40% of all Bitcoin in circulation was bought at prices higher than where it trades today, leaving a large share of holders sitting on losses. That figure, cited by analyst Darkfost, captures the strain building across the market as big players pull back from buying and demand shows little sign of recovery.
Cooling demand for Bitcoin ETFs adds to declining accumulation by whales, underscoring a trying time for the crypto market.
Texas' strategic Bitcoin reserve expansion could influence other states to consider digital assets, potentially reshaping public investment strategies.
Bitcoin’s market cap has dropped below $1.5 trillion, pushing it out of the world’s top 10 assets amid AI stock and precious metal rallies.